Developers including Avenue Development, United Group, and CR Endeavors are expanding their portfolios of active adult senior living communities across the U.S.
The active adult housing sector is maturing as developers increasingly shift from opportunistic projects to purpose-built, amenitized communities. With stabilized occupancy rates averaging 96 percent in newer properties, firms like United Properties, Avenue Development, and The United Group are scaling their footprints by tailoring amenities and service levels to specific local market demographics. This asset class bridges the gap between traditional multifamily and independent living, focusing on lifestyle-oriented operations rather than the heavy medical staffing required in assisted living.
Recent project activity highlights the diversity in the sector, ranging from wellness-focused developments in Indiana to resort-style properties in Florida and Connecticut. Developers are emphasizing intergenerational connectivity and walkability, integrating these senior-focused communities into broader mixed-use, master-planned neighborhoods to ensure long-term demand and sustainable occupancy.
Cervelli Real Estate & Property Management adds three multifamily properties totaling three apartment buildings in Jersey City to its management portfolio.
Developers propose a five-unit townhome project at 504 S. 900 East in Salt Lake City's East Central neighborhood.
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